Question

While inflation is a rise in the general level of prices, economic growth is a

A) short period during which the nation's total output of goods and services decreases.
B) short period during which the nation's total output of goods and services increases.
C) sustained period during which the nation's total output of goods and
services decreases.
D) sustained period during which the nation's total output of goods and services increases.

Answer 1

The answer would be D. Sustained period during which the nation's total output of goods and services increases

Answer 2

D) sustained period during which the nation's total output of goods and services increases.

Step-by-step explanation:

Economic growth occurs when a country can increase the production and marketing of goods and services produced in the various sectors of its economy over a long and sustainable manner. The main indicator that measures economic growth is GDP. Thus, when a country's GDP is positive, it means that the country is experiencing economic growth. During economic growth the country becomes more prosperous and wealthier, the employment rate tends to decrease and society as a whole wins.